On a Contract-"F

question 65

True/False

On a contract-"F.O.B. New York"-for a sale of almonds by a broker in California, the risk of loss passes to the buyer when conforming goods are placed in the possession of the carrier.

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Definitions:

Mores

Strongly held norms or customs that embody the fundamental moral views of a group or society.

Folkways

Norms for routine or casual interaction that dictate social expectations and behaviors in everyday life.

Culturally Uniform

Refers to a society or group where members share similar cultural traits, including language, customs, values, and norms, leading to a homogenous community.

Culture Shock

The feeling of disorientation experienced by someone who is suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.